When business is good, the prized casino is a cash cow for the flagging state. But with the economy in freefall, the government needs ways to raise funds fast …
Lebanon holds Baalbek concert despite virus, economic crisis
For the first time ever, Lebanon is hosting its annual music festival in the ancient northeastern city of Baalbek without an audience …
Cyprus blocks flights from Lebanon
Cyprus announced it would allow entry from Lebanon as it eases COVID-19 lockdown measures. (File/AFP) Short Url DUBAI: Cyprus will no longer accept flights coming from Lebanon from July 6, national …
Lebanon’s private sector economy continued to contract in June
February, as weak demand and a sharp fall in output worsened business conditions, putting more pressure on an economy that has faced months of turmoil. The BLOM Lebanon PMI index, a composite gauge …
To halt Lebanon’s meltdown its imperative to reform now
The country’s currency has lost about 80% of its value against the US dollar and poverty and unemployment are on the rise …
‘It feels like a failed state’: Lebanon’s crisis deepens as it awaits bailout
Regime’s critics call for overhaul of system of patronage many say has reinforced widespread corruption …
Peaceful Black Lives Matter Protest Held In Mt. Lebanon
A peaceful Black Live Matter protest was held Friday in Mt. Lebanon. They urged the community to stop being a bystander to racial injustice. “There are a lot of people here that can easily say it …
‘Falling off a cliff’: Lebanon’s poor borrow to buy bread
For Amer al Dahn, the idea of eating meat is now a dream. Today, he can’t even afford bread and depends on credit from the local grocer to feed his wife and four children in the Lebanese city of …
Rudderless Lebanon drifts closer to maelstrom
BEIRUT (Reuters) – Lebanon is drifting deeper into crisis as it fails to do anything to remedy its collapsing currency and wider financial meltdown, raising big concerns for its stability. Hopes of …
Where’s the beef? Lebanon’s currency crash puts desperation on the menu
The Lebanese are used to eating plenty of meat, but the country’s economic woes have made it a luxury as rampant inflation takes its toll.